Median Home Price
$318,842.68
Median Rent
$1,339.41/mo
Price-to-Rent Ratio
19.8
Property Tax RateTIE
0.97%
Price Change (1Y)BETTER
+3.4%
Price Change (5Y)BETTER
+16.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$156,340
Median Home PriceBETTER
$175,440.91
Median RentBETTER
$1,284.48/mo
Price-to-Rent RatioBETTER
11.4
Property Tax RateTIE
0.97%
Price Change (1Y)
+0.9%
Price Change (5Y)
+4.5%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$37,880
Key Differences
Home Prices
Columbia's median home price of $318,842.68 is higher than St. Louis's $175,440.91 by 82%.
Monthly Rent
Renting in Columbia costs $1,339.41/mo compared to $1,284.48/mo in St. Louis—a difference of $54.93/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.